Wellington, FL is a desirable area for homeowners due to its high median value of $642,500. This is much higher than the US house median value of $338,100, and this difference in price points has been further widened in the past year with an impressive 22.04% appreciation rate in Wellington - far exceeding the 8.27% national rate of house appreciation over the same period. As such, it is clear that this city offers excellent opportunities for both current and potential homeowners looking to invest in real estate.
The median home cost in Wellington is $642,500. Home appreciation the last 10 years has been 200.8%. Home Appreciation in Wellington is up 27.8%.
Average Age of Homes
- The median age of Wellington real estate is 22 years old
The Rental Market in Wellington
- Renters make up 17.0% of the Wellington population
- 2.5% of houses and apartments in Wellington, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.